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2 Aug 2013
EUR/USD steadies after earlier slippage
FXstreet.com (Chicago) - EUR/USD strengthened at closing bell in Wall Street.
Accumulating 0.54% gains throughout Friday, the euro continued to climb against a weaker-than-expected greenback as nonfarm payroll data had repercussions on price behavior. In Europe, the markets reflected mixed feelings towards the region as the CAC40 was up 0.07% similarly to the Euronext up 0.09%. However, the FTSE100 closed with 0.51% losses alike the DAX with a negative 0.05 percentage. On the other hand, Wall Street closed in green with Dow up 0.19%, Nasdaq up 0.38% and S&P up 0.16%.
Trading at 1.3285, the FXstreet.com technical studies reported pair as slightly bullish on one-hour timeframe analysis with price oscillating between supports at 1.3142, 1.3110, and 1.3077 and above first resistance set at 1.3259 ahead of 1.3293 and 1.3326.
Accumulating 0.54% gains throughout Friday, the euro continued to climb against a weaker-than-expected greenback as nonfarm payroll data had repercussions on price behavior. In Europe, the markets reflected mixed feelings towards the region as the CAC40 was up 0.07% similarly to the Euronext up 0.09%. However, the FTSE100 closed with 0.51% losses alike the DAX with a negative 0.05 percentage. On the other hand, Wall Street closed in green with Dow up 0.19%, Nasdaq up 0.38% and S&P up 0.16%.
Trading at 1.3285, the FXstreet.com technical studies reported pair as slightly bullish on one-hour timeframe analysis with price oscillating between supports at 1.3142, 1.3110, and 1.3077 and above first resistance set at 1.3259 ahead of 1.3293 and 1.3326.